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French Court rules against Covéa and CEO Derez in unsolicited takeover bid for SCOR

by AIP Online Bureau | Nov 10, 2020 | International News, Reinsurance

  Paris: In a judgment rendered on November 10, 2020, the Paris Commercial Court ruled that Covéa chairman and chief executive Thierry Derez Thierry Derez committed a serious breach of his legal and fiduciary duties and obligations as a director of SCOR in...

Digital distribution capabilities ‘Critical’ to securing SME Business, says Markel 

by AIP Online Bureau | Nov 10, 2020 | Eco/Invest/Demography, International News

  LONDON:  Richie Whitt, Co-Chief Executive Officer, Markel Corporation said that investing in digital capabilities would be “critical” to re/insurers, particularly when trying to secure small to medium-sized enterprise business. “I am not...

Much at stake as Supreme Court weighs future of ‘Obamacare’

by AIP Online Bureau | Nov 10, 2020 | Eco/Invest/Demography, Health, International News, Policy, Regulation

Washington: When the Supreme Court weighs the fate of Obamacare, arguments will revolve around arcane points of law like severability whether the justices can surgically snip out part of the law and leave the rest. But what's at stake has real-world consequences...

Still no clarity from UK to assess financial market access, says EU

by AIP Online Bureau | Nov 10, 2020 | Eco/Invest/Demography, International News, Life, Non-Life, Policy, Regulation, Reinsurance

LONDON: The European Commission is still waiting for Britain to say if it will diverge from European Union rules before Brussels can decide on UK financial market access, a spokesman for the EU executive body said on Tuesday.Daniel Ferrie, the Commission’s...

Britain hardens climate disclosures for listed companies

by AIP Online Bureau | Nov 10, 2020 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Risk Management

  London: Companies listed on the London Stock Exchange will have to improve disclosures on the risks they are facing from climate change from January, Britain’s financial watchdog said on MondayNikhil Rathi, chief executive of the Financial Conduct...
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